Wealth manager, independent · Vero Beach, FL
Professional Advisory Services Inc
SEC-registered investment adviser · CRD 105397 · SEC 801-14090
At a glance
Professional Advisory Services Inc is an SEC-registered investment adviser based in Vero Beach, Florida, with $1.3B in regulatory assets under management as of its Form ADV filed March 27, 2026. It reports 596 individual clients, 252 of them high-net-worth, holding an average of about $2.0 million each, and 13 employees. That ranks it 874th among the nation’s 5,657 independent wealth management RIAs and 49th of 343 in Florida. It reports BNY as the custodian for its clients’ separately managed accounts.
Main office 772-778-0552pa-services.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.3B
- Rank among independent wealth managers
- #874 of 5,657
- Rank among all SEC RIAs
- #4,730 of 17,210
- Rank in Florida
- #49 of 343
- Individual clients
- 596
- High-net-worth clients
- 252
- Accounts
- 1,234
- Discretionary
- 100% of AUM
- Employees
- 13
- Advisory staff
- 9
- Offices
- 1
Owners and executives on its Form ADV
- David A. JaffePresident, Class A Shareholder, Partner
- Carol L. BieberVice President/secretary/treasurer, Class A Shareholder, Partner
- Christopher J ConnettChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Professional Advisory Services Inc reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 252 | $1.0B | 81% |
| Individuals | 344 | $199M | 16% |
| Pension and profit sharing plans | 6 | $20M | 2% |
| Corporations or other businesses | 10 | $16M | 1% |
| Charitable organizations | 10 | $8M | <1% |
Disciplinary disclosures
Professional Advisory Services Inc reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗pa-services.com ↗
AtlasMembers
The full record on Professional Advisory Services Inc
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 2,910 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Florida
All of Florida →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Moisand Fitzgerald Tamayo, LLCOrlando | $1.4B | 906 |
| Ibex Wealth Advisors, LLCWest Palm Beach | $1.3B | 869 |
| American Financial Advisors IncWinter Park | $1.3B | 799 |
| Ullmann Wealth PartnersJacksonville Beach | $1.3B | 529 |
| Element Pointe Family OfficeMiami | $1.2B | 52 |
| Investment Advisory Group LLCSarasota | $1.2B | 1,542 |
Background
Questions
How much does Professional Advisory Services Inc manage?
Professional Advisory Services Inc reports $1.3B in regulatory assets under management across 1,234 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
How many clients does Professional Advisory Services Inc have?
It reports 596 individual clients: 252 high-net-worth individuals and 344 other individuals. Individuals account for about 96% of its regulatory assets.
Where is Professional Advisory Services Inc headquartered?
Its main office is in Vero Beach, Florida. It reports 1 office in total and 13 employees, 9 of whom perform investment advisory functions.
How does Professional Advisory Services Inc charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Professional Advisory Services Inc use?
It reports BNY as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 27, 2026, it reports these amounts held: BNY ($1.2B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Professional Advisory Services Inc a hybrid RIA with a broker-dealer?
Professional Advisory Services Inc reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Professional Advisory Services Inc a fiduciary?
As an SEC-registered investment adviser, Professional Advisory Services Inc owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Professional Advisory Services Inc’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-27), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →